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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Increasing Cash Position in COVID-19 Lockdown

Increasing Cash Position in COVID-19 Lockdown

Scheduled Pinned Locked Moved General Discussion
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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #1

    https://www.wsj.com/articles/coronavirus-made-america-s-biggest-banks-even-bigger-11587639602

    “Some $1 trillion in deposits flooded in during the first quarter—with more than half going to JPMorgan, Bank of America, Wells Fargo, Citigroup
    ...”

    “Money” magazine editorializing on how the pandemic is driving some people to save money:
    https://money.com/cornavirus-saving-habits/

    The “Money” piece is more anecdotal that anything else, but still good to see people improving their cash savings.

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    • MikM Away
      MikM Away
      Mik
      wrote on last edited by
      #2

      For all the awful, there are a lot of opportunities opening up due to the situation. Sadly it is also being used yet again to divide us.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

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      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #3

        Not enough dead, yet.

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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